Charter Communications Statement Regarding FCC Chairman Wheeler's Proposal On Joint Retransmission Consent Negotiations

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Mar 06, 2014, 03:32 ET

STAMFORD, Conn., March 6, 2014 /PRNewswire/ -- Charter Communications today released the following statement in response to FCC Chairman Tom Wheeler's announcement regarding his proposal to limit joint retransmission consent negotiations.

"The chief factor in rising cable rates for consumers is the increasing cost of programming. Broadcasters jointly negotiating retransmission consent agreements has contributed not only to increased rates for consumers but also the number and severity of programming blackouts. Chairman Wheeler's proposal is a sensible way to ensure consumers are not held hostage by unfair collusion by broadcasters. We applaud this action and wholeheartedly support the efforts of the FCC to address this issue in a way that will directly and positively impact consumers."

About Charter
Charter (NASDAQ: CHTR) is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter TV® video entertainment programming, Charter Internet® access, and Charter Phone®. Charter Business® similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Charter Media® brand. More information about Charter can be found at charter.com.

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SOURCE Charter Communications